Manufacturers from seven counties announce formation of Manufacturing Alliance of South Jersey
On February 25, 2020, prior to the state shutdown, 20 South Jersey based manufacturers met with public officials and agencies representing the state, region, county, and local areas to establish the Manufacturing Alliance of South Jersey (MASJ). “A partnership like this is long overdue,” said Ted Toth, a senior technical advisor to Rosenberger North American […]
Atlantic City Joins South Jersey STEM & Innovation Partnership
The New Jersey Department of Community Affairs (DCA) today announced that Atlantic City has joined the South Jersey STEM & Innovation Partnership (SJSIP), which is a community of collaborative partners seeking to improve science, technology, engineering, and math education and career pathways for people across southern New Jersey. SJSIP is one of five STEM ecosystems […]
GREENWALD, MAZZEO & VERRELLI BILL TO REDUCE OR DELAY EMPLOYER UNEMPLOYMENT TAXES DURING PANDEMIC APPROVED BY ASSEMBLY
In an effort to ease the burden on businesses grappling with the economic impact of the COVID-19 pandemic, the full Assembly on Thursday voted 72-0 to approve legislation sponsored by Assembly Majority Leader Louis Greenwald, Assemblyman Vince Mazzeo and Assemblyman Anthony Verrelli to relieve businesses of a portion of their unemployment tax obligation during the […]
Governor Murphy and Department of Health Commissioner Judy Persichilli Announce New Jersey’s COVID -19 Vaccination Plan
Governor Phil Murphy and New Jersey Health Commissioner Judith Persichilli announced the state’s COVID-19 vaccination plan, designed to provide equitable access to approved vaccine(s), achieve maximum community protection and build public trust in advance of an approved vaccine(s) “The strategic and efficient deployment of a vaccine will be critical to our continued fight against the […]
NJEDA Warns that Underfunded Grant Program Will Be Oversubscribed, Leaving Many Applicants with Nothing
With warnings from the New Jersey Economic Development Authority (EDA) that Phase 3 of its emergency business grant program will be oversubscribed, Senator Anthony M. Bucco urged Governor Phil Murphy to dedicate more of the billions in CARES Act relief funds at his disposal to bolster the relief program that could keep thousands of small […]
Murphy Signs Executive Order to Protect New Jersey’s Workforce During the COVID-19 Pandemic
Building on ongoing efforts to safeguard New Jersey’s frontline workforce, Governor Phil Murphy signed Executive Order No. 192, providing mandatory health and safety standards to protect all New Jersey’s workers at work during the pandemic. “Since the start of the pandemic, New Jersey workers across all sectors have risen to the challenges imposed by COVID-19,” said […]
GREENWALD, MAZZEO & VERRELLI BILL TO REDUCE OR DELAY EMPLOYER UNEMPLOYMENT TAXES DURING PANDEMIC CLEARS ASSEMBLY COMMITTEE
In an effort to ease the burden on businesses grappling with the economic impact of the COVID-19 pandemic, the Assembly Appropriations Committee this past Monday advanced legislation sponsored by Assembly Majority Leader Louis Greenwald, Assemblyman Vince Mazzeo and Assemblyman Anthony Verrelli to relieve businesses of a portion of their unemployment tax obligation during the public […]
NJEDA Announces $70 Million Phase 3 COVID-19 Grant Program
Phase 3 expands eligibility and increases size of grants with focus on restaurants and micro-businesses The New Jersey Economic Development Authority (NJEDA) today announced Phase 3 of the Authority’s Small Business Emergency Assistance Grant Program. Phase 3, which will be funded with $70 million in Coronavirus Aid, Relief, and Economic Security (CARES) Act funding, significantly […]
SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less
The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. “The PPP […]
Governor Murphy, Lt. Governor Oliver, Senate President Sweeney, Assembly Speaker Coughlin, Assembly Budget Chair Pintor Marin, and Senate Budget Chair Sarlo Announce Agreement to Include Millionaire’s Tax in Revised FY2021 Budget
Governor Phil Murphy, Lieutenant Governor Sheila Oliver, Senate President Steve Sweeney, Assembly Speaker Craig Coughlin, Senate Budget Chair Paul Sarlo, and Assembly Budget Chair Eliana Pintor Marin today announced that that the revised Fiscal Year 2021 (FY2021) budget will raise the state’s gross income tax rate on income between $1 million and $5 million per […]